California Resources Corp Ranks Among Top 10 Dividend-Paying Energy Stocks
CRC Recognized for Strong Financial Performance and Dividend History
According to Dividend Channel’s latest ”DividendRank” report, California Resources Corp (Symbol: CRC) has earned a spot as one of the Top 10 dividend-paying energy stocks. The report highlights that CRC shares not only hold attractive valuation metrics but also demonstrate strong profitability. It mentions the company’s consistent quarterly dividend history and its solid long-term growth rates in key financial indicators.
As stated in the report, “Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies that also happen to be trading at an attractive valuation. That’s what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based on our various criteria for both profitability and valuation to generate a list of the top most ‘interesting’ stocks, meant for investors as a source of ideas that merit further research.”
California Resources Corp pays an annualized dividend of $1.55 per share, distributed in quarterly payments, with its latest ex-dividend date recorded on 12/02/2024. The following chart illustrates CRC’s long-term dividend history, which Dividend Channel emphasizes is essential for assessing the potential reliability of future dividends. An analysis of past dividend patterns can be beneficial in evaluating whether continued payments are likely.
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